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Bullish Scenario (Breakout Play)
If price holds above $6.289 and breaks $6.560:
1. Entry: $6.600 (Confirmation above 24H high)
2. Targets:
TP1: $6.994 (Next resistance)
TP2: $8.373 (Swing high)
3. Stop Loss: $6.000 (Below recent consolidation)
4. Risk-Reward: ~1:3
Bearish Scenario (Rejection at Resistance)
If price fails to break $6.560 and reverses:
1. Entry: Breakdown below $5.900
2. Targets:
TP1: $5.478 (24H low)
TP2: $5.000 (Psychological support)
3. Stop Loss: $6.300 (Above recent swing)
4. Risk-Reward: ~1:2